Video summary
The core message of this video is that average real estate agents can achieve six-figure incomes even during slow market conditions by understanding and leveraging predictable economic cycles rather than waiting for perfect timing. The speaker illustrates how the housing market follows a consistent pattern, cycling between periods of lower sales volume lasting three to four years, followed by normal markets sustained for several years, and brief boom periods. While many agents fall into the trap of inaction during downturns—waiting for interest rates to drop or conditions to improve—the successful top producers use this exact time to build their infrastructure. By stacking inventory and expanding their business footprint when competition is low, these agents position themselves so that when the market inevitably rebounds, their income multiplies significantly compared to those who simply rode out the cycle without growth.
To achieve this expansion during a down market, future top producers must be willing to put in twice as much effort for the same amount of money they currently earn. This increased effort is not about working harder at closing deals that are unlikely to happen, but rather about doubling output through efficiency and volume. The speaker introduces two key concepts: focusing 80% of prospecting efforts on property owners (listings) rather than buyers, because listings act as the greatest lever for time and allow an agent to scale their business; and mastering "Customer Acquisition Time" by recognizing when a client has already fallen in love with them. Once that loyalty is established, agents should consciously pull back some of their excessive attention to avoid diminishing returns, freeing up that valuable time to serve more clients instead of over-servicing those who no longer need intensive support.
The final piece of the strategy involves becoming an expert at "deal prognostics," which is the ability to assess within a single conversation how likely a prospect is to actually make a deal and specifically with you as their agent. Most agents treat every lead equally, pouring resources into low-probability situations while ignoring high-potential opportunities that are ready to close immediately. The speaker argues that business is an unlimited game where one cannot attend to every opportunity simultaneously; therefore, efficiency requires identifying the 90% probability deals and focusing energy there while letting go of the 5% chance scenarios that drain resources without yielding results. By combining these principles—doubling effort on listings, optimizing time through deal prognostics, and scaling volume efficiently—an agent can build a resilient business model that thrives regardless of market fluctuations and explodes in value when conditions improve again.
Read the full video transcript
This average real estate agent in a
small market made over a hundred
thousand dollars last month. Here's
another single agent that also made over
a hundred thousand and here's one that
made two hundred and nineteen thousand
dollars in gross commissions last month.
Five, five. These are three of five
agents in my Diamond Plus coaching
program that had a six figure month in
May. These are average agents in smaller
markets. These aren't superhuman agents
in really big markets. These agents
aren't in Miami, LA, New York and this
is while the housing market is slow mind
you. I'm going to tell you something.
These agents understand one thing that
90% of agents will never figure out. I'm
going to show you two today. I'm going
to show you how these average agents,
just like you, are going from being
average to top producers in a down
market to make millions of dollars and
anyone can do this. You just have to
understand the blueprint and here's what
kills me. Most agents are waiting.
They're they're sitting around waiting
for the market to come back. They're
waiting for rates to drop. They're
waiting for conditions to be perfect.
They're just like, what's the point?
Nobody's doing anything. No deals are
happening. Money is being made. Agents
are making more money right now than
ever collectively.
And while most agents are waiting, the
future top producers are building right
now. This is the moment that that
creates champions,
right? And they're stacking inventory in
a down market. They're not worried
about, well, listings aren't selling as
fast. They're positioning themselves for
an explosion
cuz that's exactly what's going to
happen and when the market rebounds,
their income is going to multiply even
more than it is right now. This is how
you take advantage of the market
regardless of where we are in the cycle
and this isn't a guess. Like these
agents aren't lucky. It's just it's
simple math.
It's just simple math. And it's what
happened to me in 2008 and it's what
took me to the top to become of the
number one Remax agent in Alabama
selling a thousand properties. I was
number one in my entire MLS because of
what I did in the down years. And I call
this the rebel multiplication effect.
Yes. And the window to position yourself
I get I get excited guys. I get excited
about this because I know it's it's not
a guess again like I know what this is.
This isn't this isn't something that
might happen. This isn't assumptions.
This is just clear cut predictable
principles that happens over and over
and over again. And the window to
position yourself
is closing really fast. That's why I'm
putting this video out right now. So I'm
going to do a deep dive and I'm going to
show you exactly what I taught them
about the market cycles, the exact
blueprint. I'm going to show you how to
build volume without burning out. And if
you understand it, it's going to change
everything for you too. So let me show
you how it works. So if you look at this
chart, right? I'm going to share with
you the cycle that happens over and over
and over again. So you can understand
where we are and how to take advantage
of it so you can expand your business.
If you go back to 94, you can see that
we were around 4 million existing home
sales
for three to four years. Okay, right
here.
Okay, then it took it a couple years to
get to 5 million which is a normal
market 5 million. It stays there for,
you know, six to eight to 10 years. Then
we have another boom for one to two
years. Then it comes back to 4 million
for three to four years, right? That's
the cycle. And it just happens over and
over and over again, okay? After 2008 it
took it a couple years to get back to 5
million, stay there for six to eight to
12 years. We had the boom year for one
to two years and now we've been at 4
million for three to four years. It's
the same thing over and over and over
again. It never changes. We never go
below 4 million and the boom is always
six to seven. This was seven million.
This was six million.
Okay? So, I got in the business in 2002
right here.
Okay? So, I rode the market up and like
I was a hard worker and I give myself a
lot of credit for for making the million
bucks, but I'm telling you right now
70 to 80% of it. Let's just say 75% of
it was the market. It wasn't me.
And you can use you can do the same
thing with your business, but not in the
way that I did where I was naive to the
to the to the extent that I wasn't
protecting myself and hedging myself
against a potential crash, right? I was
over leveraged. I didn't understand how
to build a business. I wasn't trying to
create relationships. All the things I
teach you guys.
I didn't do any of those things. So, and
that that's by the way why I put out
content is to help you guys. You guys
know my mission to help reduce the
failure rate in the real estate industry
one agent at a time. And and doing
videos like this and helping you
understand the patterns of the market so
that you don't get caught.
It plays into my mission so that you
don't have to, you know, go out there
and get caught with your pants down and
lose everything just like I did. Okay?
So,
but but look at what happened. Like I
crashed with the market, okay? But then
by 2014, which is right here, that was
the first year I did a hundred deals.
Okay? It wasn't It wasn't here, right?
It wasn't here. It was shortly after
like as soon as the market rebounded,
boom, I was at a hundred deals a year.
So, let me show you how this works.
Okay? So, you can get a good visual on
it. Right now, uh a normal market is
five million existing home sales. So, we
go, then we have a boom for one to two
years, then we have a crash for three to
four years, then we come right back to
five million existing home sales.
So, [snorts] if you notice the market
starts out at five million and it ends
up at five million once it goes through
its cycle.
>> [snorts]
>> Well, the cycle of an average agent is
exactly the same.
Let's say an average agent starts out at
20 deals a year.
They're going along and let's say they
get up to 35 in the boom, their market
crashes, they go down to 10, and then
they go right back to 20 deals after the
cycle is complete. And so, they don't
they didn't use the market to their
advantage to expand their business. They
went with the flow of the market, which
is what most agents do.
Cuz they're like, "Well, nobody's doing
anything. Well, I'll just wait till the
market comes back." Huge mistake. Time
is going to go by regardless.
And so, here's what a future top
producer does. They start out as an
average agent.
We all start out at average a- as
average agents.
Nobody comes in the business selling 100
properties a year. We all start out as
average agents, okay? The future top
producer takes the same path as an
average agent. They ride the market,
okay? And then they start to ride the
market down cuz they got caught cuz they
didn't know.
But, what happens is right about here,
they're like, "Wait a minute. I'm not
going down to 10 deals a year. What do I
need to do?"
And I believe that the future top
producers, this is how I did it. This is
how I believe a lot of, you know, future
top producers do it. They realize right
here that they've got to put in twice
the amount of effort, 2x the effort to
make the same amount of money. And this
is the exact reason why average agents
will not do this cuz they're like, "I'm
not going to put in twice the amount of
effort to make the same amount of
money." But, the the point that they're
missing
is that it's not just the same amount of
money. It's twice the effort for the
same amount of money plus experience in
the market, infrastructure, systems,
testing, network, database, marketing,
like understanding
of what's happening out there. And
they're able to maintain, like say once
they were 20, they go to 35, say they go
down here, and now they're at, you know,
30.
Whatever the case may be, they got to
put in twice the amount of effort to
make the same amount of money, most
people are like, "No, thank you." But,
this is where the magic happens when
there's rebound comes into effect. We
have this inflection point in the market
right here. And this inflection point is
the rebound, and that rebound lifts all
boats. Like, it improves and expands
everybody's business. The difference is
how big did you build your business
before that moment in time? Cuz wherever
you are in that moment in time that the
market rebounds, which would have
happened this spring, if it wasn't for
the war,
um rates were under six, we're still
like, there's still more people buying
in the US right now this year than last
year, which is crazy considering how
high rates have went up and we're, you
know, the war that's been going on and
oil prices, inflation, etc. But, that
just tells you how strong the rebound
was going to be this year. But, that's
okay. It got delayed till next year. I'm
I'm feeling like next spring is going to
be that rebound. It could happen in the
fall.
Who knows? You don't know when. You just
know that it is, okay?
But, a lot of like, the future top
producers also realized that this 2x of
effort
you're going to reap that. Like, you
don't you reap what you sow, but you
don't reap when you sow.
And so, putting in 2x effort right
there, like, I know that that's going to
come back to me tenfold regardless if I
see it today, this year, this month, or
not. And I ain't worried about that.
What I'm worried about is being the best
I can be in every situation. Okay? One
thing you guys will learn about me is
every single thing I do in life, my goal
is to become the best in the world at
that thing.
And so, like, that's just who I am, and
I hope you're the same way. You know,
it's just something that drives me is
that I want to be the best I can be at
least. And so, we have this inflection
point in the market where it improves
the agent the average agent's business
back to 20 deals. It improves the
existing home sales to 5 million
existing home sales, but it improves the
top producer to 100 deals a year.
Right? And so
it was 50% the agent.
Right? For for putting themself in the
position to to leverage the market to
expand their business, but it was 50%
the market for re-expanding
and then and then their business
uh you know getting benefit from that.
So so this is the secret right here, the
secret sauce. This is the greatest
opportunity right now that you'll ever
see in your career cuz we'll never see
another rebound that's going to be this
strong. We don't know how long it'll be
before we see another crash and burn and
and rebound.
And right now we have more pent-up
demand than we've ever seen in history
along with all-time high prices,
all-time high commission rates, and
literally we have fewer agents selling
properties than ever before. Not to
mention the agent uh commission right
now in the US is the highest it's ever
been. Last year agents made more money
last year collectively as a whole than
any year in history pre-pandemic. It's
wild to think about how many agents are
struggling versus literally 5% are doing
50% of the production out there. 15% are
doing 90%.
Like it's insane. You're you're I I want
you to realize that the goal is to get
into the top 15, 10, or even top 5% of
agents. How do you do that? You double
your effort when the market is down to
expand your footprint in your local
market so that when the market rebounds,
your business explodes. Now the question
is
how do you 2x your effort?
Okay? With 2x'ing your effort, I think
about volume.
This is a volume game.
Right? I think about 80/20.
And I think about CAT.
Customer acquisition time. The time it
takes you to acquire client. So, let me
get into all this and you're really
going to enjoy customer acquisition time
because I think that's going to really
apply and really resonate with a lot of
you guys. So, with volume
I think like I have to 2x my output
right now. What does that mean? Well,
right now I believe that you got to have
about twice as many listings as you used
to have to close the same amount of
deals.
So, in my
like the way that I see it, that means I
need to talk to twice the amount of
people.
I need to have twice as many
conversations and this is what's so
great about a market being down is it
forces you to think about these things.
It forces you to be more efficient
because how can I talk to twice as many
people? I'm doing all I can do. I'm
working all the hours I can work. I'm
working as hard as I can work. I'm doing
everything I can do.
Well, we'll talk about a little bit
about that about that with CAT.
But but for now I want you to know like
the name of the game is 2x the amount of
conversations we're having. How can you
do that? It's all about being efficient
with your communication A and B what
activities actually produce
conversations? So, I learned a long time
ago that
conversation is the key to all closings.
Like it's the gatekeeper. Like you'll
never get
to the closing unless you have a
conversation. And so like if you think
about all the lead gen activities there
are known to mankind, they all come back
to the same spot which is having a
conversation with the prospect. Without
that one piece, you can't get to the
next step which is the the potential to
show property, a meeting, a listing,
whatever. Right? There's nothing's going
to happen if you never talk to anyone.
So, when I realized like conversation is
the key to all closings, I have to think
about my business and I need to think
about two things. Number one, who are my
best clients? Like who are the clients
that are easiest to work with, that I
love to work with, that I want more of A
and B what can I do in a scalable way to
attract more of those people that I love
to work with and have conversations with
them at scale?
At a high volume, at a high frequency.
So, my question to you is, because this
is a volume game, what do you do on a
daily basis that's producing a high
volume of new clients into your
ecosystem to get to know who you are
uh like on a daily basis. Like, what do
you do on a daily basis, on a consistent
basis to produce volume? Like, we're
chalking it up to spending time on this
client, researching for this seller, you
know, doing this for that client,
helping this client move, and those are
all great things.
But, the question is it remains, what
are you doing to create volume? When's
your business going to be about volume
of clients in your business? Okay? And
there are a lot of things you can do
with that.
A lot of different things you can do
with with the volume game, but for now I
just want you to understand
I want you to think. I want you to be
open-minded to what what am I doing now?
Like, I don't know all of your
businesses. What am I doing inside my
business now that creates volume, and
how can I do more of it? These are the
type of questions you need to ask
yourself in a down market to create
twice as many conversations for the same
amount of money so that your business
explodes when the market rebounds.
The second thing I think about is 80/20.
What does that mean? It means having a
business model that is 80% listings and
20% buyers. Okay? How do you do that?
How do you create an 80/20 business
listings over buyers? And I figured this
out a long time ago, and it's real
simple. You focus 100% of your
prospecting efforts on property owners
who buy and sell. Now, I've never uh
fired a buyer. I've never, you know,
referred a buyer out. I've never turned
a buyer down. I've taken every single
buyer that's come my way. I love all my
buyers. Like, I don't refer to myself as
a listing agent or a buyer's agent. I'm
a real estate agent who helps anyone buy
and sell property in my market. The
difference was is I focused 100% of my
prospecting efforts on property owners
who were great buyers, and if they sold,
it was a listing.
And listings are the greatest multiplier
of time for real estate agents in the
history of the world. And
>> [clears throat]
>> people will argue with me about this,
but I would rather have 30 active
listings than 30 active buyers. And
people are like, "Well, I'd rather have
buyers." And And like, I'm not here to
get into the debate with you, and
everybody has their own opinions, but
I'm thinking about leverage. I'm
thinking about efficiency. I'm thinking
about how can I sell more properties in
less time? These are the questions you
have to ask yourself in a down market to
be efficient enough to maintain your
income, to put twice the amount of
effort in, twice the amount of import,
so that you're building the
infrastructure. And I I I I think with
that debate, it's like, if I had 30
active buyers,
what if they all wanted to see
properties on the same day? Could I even
physically Is that even possible for me
to show
30 active buyers in a day properties?
No, it's not.
Not at all. But, I could let other
agents see see 30 of my listings on the
same day. Yeah, I could I could have 40
listings, 50 listings, 100 listings.
I can scale. It's efficient. I'm
optimizing my time towards leverage when
I'm thinking about this. So, like, the
buyers you get when you're when you're
when you're listing heavy and you're
working 100% property owners are the
highest quality buyers known to mankind.
It's sellers who sell and then buy.
Beautiful. It's buyers that want to buy
your listings. And like, hopefully,
you've done as I have and targeted the
exact property owners you want to do
business with. And so, the listings you
have will attract the exact buyers that
you want.
And
you get buyers from from sellers, you
get buyers from want to buy your
listings, sphere of influence,
referrals. Like you get buyers just for
being it. You don't have to do anything
get buyers. Buyers are all around us.
Buyers are everywhere.
The problem is listings and becoming a
great listing agent. So so so maybe the
market being down is kind of like, "Hey,
you know, like you need to become more
efficient. Like you've been avoiding the
skill to become a great listing agent.
Maybe the market being down is is
telling you screaming at you, 'Hey, it's
time to learn how to become a great
listing agent.' I'm telling you it's a
lot easier, it's a lot better than you
think. And we've actually
mastered the process behind getting the
exact sellers that you want to do
business with to call you.
No ads, no ISAs, no social media, no
cold calling. The exact sellers that you
want to do business with to call you.
That's what I teach in my coaching
program day one. So if you're interested
in working with me as your coach, I'll
put a link in the description. We take
20 agents a month. We sell out early
every single month. So if we're already
sold out this month, you can apply for
next month. Just check the link in the
description and uh there's no sales
call. You can just go there and um that
document will tell you everything about
the program so you can just make a quick
decision. Let's talk about CAT. Customer
acquisition time. So I think about this.
This represents the amount of time
that we spend on clients
before a deal closes.
Right? Before a deal closes.
And the reason why we spend this much
time on clients before a deal closes is
because we want them to love us.
Right? And we we want to make sure that
they know for a fact that we love them,
that we care about them, that we want
the best for them.
And in return we want them to love us
back. We want them to be loyal. We want
them to think that we're their only
agent for life. The problem with this is
that they fell in love with us right
here.
This is the moment because because if
you if you abide by my principles and
you care about them more than you care
about the commission. If you want what's
best for them. If you're talking them
about their life and their situation,
not the property. You know that the
property selling or buying the property
is just solving a problem going on in
their life and you're here to understand
what that problem is going on that's
above and beyond the property
to the extent that you can help them
through that and as a byproduct we're
selling the house.
If you're talking to them like they're
they're family, they're your mom,
they're your dad, they're your best
friend, they're they're they're they
like you're treating them like they're
gold because
like they are gold. They are gold.
You're not This is not fake. This is who
you are. If if that's who you are
because that's who I am.
They can see that a mile away. Like they
know you're not faking it. They know
that you are who you say you are.
So they start loving you right here.
Well, the more time we spend with them,
they don't love us more. They've already
maxed out on the love that they can give
us. They've already decided right here
that we are their agent for life. That
that there's a very low low low
possibility that that they're ever going
to use another agent. That they're going
to refer us to everybody they know. Like
we're good. We're in the game. Like
they're our client. Like okay, we we
accomplished the mission. But we
continue to spend all this time because
we don't necessarily We haven't
developed the We haven't developed the
skill to recognize that they fell in
love with us right here. So we don't
know for a fact. So we just continue
spending this time and all this time
right here becomes diminishing returns
on our time.
Because we've just continued to go above
and beyond above and beyond above and
it's great.
Like, we're helping, we're you know,
we're we're loving on them, and it's
awesome. But But the problem with this
is that they've already they've already
fallen in love with this as an agent,
and we could have spent that same amount
of time
like this.
On 1 2 3 4 5 6 7. We could have gotten
seven in the same amount of time that we
spent on that one client. We could have
gotten seven clients to love us to the
ends of the earth. And so And so the the
the like the takeaway here is like
develop the skill of recognizing when
people are starting to love us, right?
Having that understanding with them, and
then like starting to be mindful about
how much time you spend with them moving
forward. Not saying like,
"Okay, stop spending time with them
um because like they already love you.
Like, move on." No, no, no, no, no.
There's a couple things going on here.
Number one, like our purpose here is to
serve the most people.
Okay? If you're not If you don't realize
that that time is evil, like redeem your
time cuz the days are evil. If you don't
realize that the time is evil, and we're
here to to optimize our time and be most
efficient so we can spread our stuff out
amongst a as many clients as possible,
if you don't realize that, then you're
doing yourself more harm than good.
And that's what I don't want to see. So,
we need to recognize when they start to
love us, and then decide like start to
pull back on the time, not out of, you
know, not loving them anymore, but for
the sake of loving more people.
Again, when's your business going to be
about volume? Okay? And there's a term
that I like to use here,
deal
deal prognostic. Okay?
Deal prognostic. I became so good at
this. And this is a concept that I'm
going to introduce to you right now and
I want you to internalize it and I want
to start to think about this and
hopefully this opens you up to a new
perspective on things, but being a great
deal prognostic means that you've
developed the ability within one
conversation, maybe two, I got to where
I could do it in the very first
conversation, I could identify and
realize what the probability was that
this client was going to do a deal at
all, like how serious was this
situation? What's going on in their life
that's causing them to make this
decision? How real is this? What is the
real timeline behind it? So, what's the
probability that they're actually going
to do a deal?
But then also, what's the probability if
they do a deal that I would actually
represent them as their agent? So,
there's two things I'm looking for when
I'm thinking about deal prognostics.
What's the probability that they're
going to do a deal and what's the
probability that they're going to do a
deal with me?
And when when I got so good at this cuz
I did so many deals and I I I saw so
many things play out. I saw so many
things so many deals that I thought was
for sure that didn't go through. I saw
so many deals that I didn't think would
go through that that that that went
through and everything in between.
And what I find is that every agent most
agents are treating every prospect
exactly the same regardless of the
probability that they're going to do a
deal. I was just talking to a coaching
client. She has this seller. He has this
commercial property. It's 3 million and
he's he's he told her he's going to sign
with another agent when he list it. But
he's going to hold off on that to give
her time to market it. And so basically
he's telling her, "Hey, like market my
property for free. I'm not going to sign
anything with you, but market my
property, see if you can sell it and if
not, I'm going to give it to this other
agent."
Now, I don't know what the probability
that he's going to do a deal, but the
way that I understood it cuz I didn't
talk to the prospect, but from my
perspective, it's about a 50/50 deal.
50% he's going to sell, 50% he's not.
And then, so you got a 50% chance on the
probability cuz it's an investment, you
know, it's not tied to his, you know,
life, you know, I don't know why he's
selling it.
You know, maybe he wants to sell it to
do XYZ that he needs to do. I don't
know, but
50/50, and then the chances that he's
that she's going to be the agent are
probably like 5% or less.
And now she's going to spend time
marketing that property on a 50/50 shot
with with an even 5% chance that she's
going to be the agent. I was like, "No."
Like, follow up by call like phone call,
maintain the relationship, see where it
goes, but spend very little time on that
deal because you can spend that time
that you would have spent on that deal
on a 90% chance that somebody's going to
sell with a 90% chance they're going to
pick you as the agent. I'm here to tell
you right now, business is 1 million
percent unlimited. Like, you'll never
get to every single deal out there
that's available to you. If there was a
way there's no way to even do that.
Like, there's no way you can talk to
every single person right now
instantaneously cuz that's what you'd
have to do cuz people change their mind
every 5 minutes. They tell you one thing
and now now they didn't want to sell,
now 5 minutes later they do. Like, it's
it's a continuous like it's an all you
can eat buffet, guys. Please don't get
stuck on one client trying to figure out
how to convert this client. I had
another coaching client.
An agent was like, "Hey, I have this
property.
Um it's under contract. The buyers are
trying to like raise money to to buy it.
It's another commercial deal. They're
trying to raise money to buy it, but
they can't quite raise the money. What
do you suggest?"
Uh they're trying to raise money for the
down payment. I was like, "That's not
your responsibility."
Like,
if you spend time trying to figure out
how to help them raise the money to get
that deal,
and then the deal doesn't go through,
what do you got?
I said, but if you spent that time
instead of trying to help them figure
out how to raise the money and go get
three or four more deals in that same
time frame, and then this deal doesn't
go through, what do you got? Three or
four more deals.
Guys, volume game, efficiency,
understanding deal prognostics,
understanding when your clients begin to
actually love you, and and understanding
when it's it's okay to kind of like back
off a little bit to to invest that time
and energy into more clients. This is
the same stuff that I taught my agents
that are doing 100,000 a year, amongst
many, many other things, more than I
could share in one video, but I do hope
that you found this video useful. And if
you did, and you want to learn the next
step to break through in your career,
click this video right here before it
goes away forever.